Amazon (AMZN) and Apple (AAPL) Must Face a UK Class Action Over Marketplace Sales

Amazon.com, Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL) were told on September 28 that part of a consumer class action against them can proceed, after a ruling by Britain's Competition Appeal Tribunal. The claim concerns a 2018 arrangement that allegedly restricted which sellers could list Apple and Beats products on Amazon's UK marketplace. Amazon closed Monday at $246.15 and Apple at $338.40. READ ALSO: Amazon (AMZN) Sued Again, This Time over How it Treats Pregnant Warehouse WorkersAmazon (AMZN) and Apple (AAPL) Must Face a UK Class Action Over Marketplace Sales The Claim is Too Small to Matter to Either Company: The surviving portion of the claim is valued at between £289 million and £306 million, including interest. Amazon is worth about $2.